COMPANY DESCRIPTION:  Forbright Bank is a full-service bank, commercial lender, and asset manager headquartered in Chevy Chase, Maryland. Forbright is a banking and financing visionary leader in clean energy, healthcare, technology, financial services, real estate, and other industries with extraordinary service.

COMPANY CULTURE:  We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible environmental, social, and governance (ESG) practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back.  We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION:  We are a values-driven institution with an uncommon commitment to decarbonization and sustainability. As the need to build a more sustainable, low-carbon economic system grows increasingly urgent, we are dedicating half of our assets to financing the companies, investors, and innovators driving that change. We are reimagining how a bank should operate in a changing world.

GENERAL SUMMARY:  Forbright Bank is seeking ambitious rising seniors to join our summer internship program starting on June 6, 2022. The rotational internship gives great exposure to our nationally-scaled Specialty Lending Divisions, including cash flow lending, asset based lending and real estate lending. The internship serves as an introduction to our Portfolio Management Analyst position, and allows you to take part in a vibrant and fast-paced environment. We are eager to add more to our fun and fast-growing team. This position will be located at our Chevy Chase, MD headquarters.

DUTIES AND RESPONSIBILITIES:

• Assist portfolio analyst in the management of credit risk, ensuring that asset quality remains strong, and executing strategies to limit the risk of loss
• Help manage day-to-day borrowing activity of assigned asset-backed loan (ABL) investments
• Perform financial analysis and projections, tracking the trends and developments that may impact loan performance under various economic scenarios
•  Aid underwriting team in the due diligence process for both ABL's and term loans
• Participate in weekly Team-Wide Portfolio Management Meetings
• Complete capstone project with intern cohort to present to senior leadership
• Participate in Summer Lunch-and-Learn Series across lending platforms
• Complete additional portfolio and underwriting analysis/projects on an ad hoc basis
   

DESIRED QUALIFICATIONS:

• Currently pursuing a Bachelor’s Degree from a 4-year accredited institution
• Strong financial statement analysis skills
• High proficiency with Excel based modeling and other Microsoft Office products
• Acute attention to detail with the ability to think critically and independently
• Exceptional attitude and commitment to teamwork
• Excellent written and verbal communication, presentation, and interpersonal skills
• Well-developed organizational skills, including the ability to multi-task and prioritize work

PERKS/BENEFITS:
💼 Comprehensive health, dental, and vision plans
🌴 4 weeks PTO
💰 401k + company match
🚉 Metro SmartTrip benefits ($50/mo)
💻 WFH flexibility
🚴 Bonuses for purchasing solar panels, electric vehicles, biking to work, etc.
🍎 Paid subscriptions to Veterans Compost, Imperfect Foods and more!

Forbright Bank is committed to cultivating an environment that promotes diversity as a fundamental value. We welcome employees with a range of experiences, backgrounds, and perspectives.
Forbright Bank is an Equal Opportunity Employer